Commercial Property for Sale in Prees, UK | Offices, Retail, Industrial

Commercial Property in Prees available for sale

Commercial Properties for Sale Within 5 miles of the Prees, UK

4 High St

Whitchurch, SY13 1AR

Retail for Sale
£195,000
1,886 sq ft

Whitchurch Retail for Sale - Shropshire

Opportunity to acquire this three storey retail property situated on the high street in Whithchurch. The property comprises a three storey premises configured are Ground Floor retail with separately accessed First floor & 2nd Floor storage. The Ground Floor is subject to an occupational lease to Headway and is configured as sales area, rear storage and kitchen / WC facility. The upper storage is accessed from a rear external staircase. Second floor is currently inaccessible. The ground floor of the premises are occupied by Headway www.headway.org.uk on a 5 year lease from 30th June 2023 at a rent of £13,000 per annum. A small parcel of land to the rear is also let at £750 per annum. The property is located in a prominent position on the High Street in Whitchurch. Available at a guide price of £195,000.00

Contact:

Peill & Co

Property Subtype:

Shopfront

Date on Market:

02/05/2024

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FAQs About Commercial Property For Sale in Prees

See All Properties For Sale

How many commercial properties are currently available for sale in Prees?

There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.

How much does commercial property cost in Prees?

The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.

What factors influence commercial property values?

Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.

What types of commercial property are available to buy?

The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.

What should I consider before buying commercial property?

Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.

What is rental yield and why does it matter?

Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.

Can I buy commercial property for my own business?

Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.

Do I need a commercial mortgage?

Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.

What due diligence should I carry out before buying?

Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.

What are the risks of buying commercial property?

Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.

Can overseas buyers purchase commercial property in the UK?

Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.

What additional costs should I budget for?

In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Prees, UK

Market Overview for Commercial Properties in Prees

Key information for Commercial Properties investors in Prees and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City	Avg Price Per Sq Ft	Avg Size Available
Whitchurch	£77	1,886 sq ft
Northwich	£317	4,765 sq ft
Oswestry	£104	2,148 sq ft
Middlewich	£73	11,584 sq ft
Wem	£213	487 sq ft

Rental Price Trends in Prees

The price per square foot range for Commercial Properties in Prees and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City	Min £ Sq Ft	Avg £ Sq Ft	Max £ Sq Ft
Whitchurch	£77	£77	£77
Northwich	£31	£317	£826
Oswestry	£37	£104	£241
Middlewich	£11	£73	£169
Wem	£213	£213	£213

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Prees area. Refine your search based on space requirements and investment level.

City	Smallest Property	Avg. Sq Ft	Largest Property
Whitchurch	1,886 sq ft	1,886 sq ft	1,886 sq ft
Northwich	1,187 sq ft	4,765 sq ft	12,000 sq ft
Oswestry	604 sq ft	2,148 sq ft	4,533 sq ft
Middlewich	397 sq ft	11,584 sq ft	47,320 sq ft
Wem	487 sq ft	487 sq ft	487 sq ft

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